Is Paramount Global Stock a Good Investment?

Paramount Global Investment Advice

  PARAA
To provide specific investment advice or recommendations on Paramount Global Class stock, we recommend investors consider the following general factors when evaluating Paramount Global Class. This will help you to make an informed decision on whether to include Paramount Global in one of your diversified portfolios:
  • Examine Paramount Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Paramount Global's leadership team and their track record. Good management can help Paramount Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Paramount Global's business and its evolving consumer preferences.
  • Compare Paramount Global's performance and market position to its competitors. Analyze how Paramount Global is positioned in terms of product offerings, innovation, and market share.
  • Check if Paramount Global pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Paramount Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paramount Global Class stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paramount Global Class is a good investment.
 
Sell
 
Buy
Strong Sell
Our recommendation module complements current analysts and expert consensus on Paramount Global. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Paramount Global is not overpriced, please check all Paramount Global Class fundamentals, including its ebitda, total debt, and the relationship between the revenue and cash and equivalents . Given that Paramount Global Class has a price to earning of 4.97 X, we recommend you to check out Paramount Global Class market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Market Performance

InsignificantDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Above AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong SellDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails

Examine Paramount Global Stock

Researching Paramount Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 77.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Global Class has Price/Earnings To Growth (PEG) ratio of 0.44. The entity recorded a loss per share of 1.13. The firm last dividend was issued on the 17th of June 2024. Paramount Global had 1:2 split on the 3rd of January 2006.
To determine if Paramount Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paramount Global's research are outlined below:
Paramount Global had very high historical volatility over the last 90 days
Paramount Global has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 29.65 B. Net Loss for the year was (1.25 B) with profit before overhead, payroll, taxes, and interest of 10.31 B.
About 77.0% of the company outstanding shares are owned by corporate insiders
On 1st of April 2024 Paramount Global paid $ 0.05 per share dividend to its current shareholders
Latest headline from benzinga.com: Foxs Growth Prospects, Competitive Valuation Stand Out Against Disney, Paramount Analyst Sees Momentum With Tubi, Sports

Paramount Global Quarterly Liabilities And Stockholders Equity

52.03 Billion

Earnings surprises can significantly impact Paramount Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Paramount Global's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-05-05
2010-03-310.030.050.0266 
2024-02-28
2023-12-310.010.040.03300 
2010-08-03
2010-06-300.210.250.0419 
2012-08-02
2012-06-300.580.650.0712 
2023-05-04
2023-03-310.170.09-0.0847 
2022-05-03
2022-03-310.520.60.0815 
2012-05-01
2012-03-310.440.540.122 
2023-08-07
2023-06-30-0.00020.10.100250100 

Paramount Global Analyst Ratings

Paramount Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Paramount Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Paramount Global's financials, market performance, and future outlook by experienced professionals. Paramount Global's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Paramount Global's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Paramount Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paramount Global Class backward and forwards among themselves. Paramount Global's institutional investor refers to the entity that pools money to purchase Paramount Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Fmr Inc2023-12-31
76.8 K
Bank Of America Corp2023-12-31
68.1 K
Goldman Sachs Group Inc2023-12-31
49 K
State Street Corporation2023-12-31
38.8 K
Barington Capital Group L P2023-12-31
35 K
Bank Of New York Mellon Corp2023-12-31
28.8 K
National Asset Management Inc2023-12-31
27.7 K
Lpl Financial Corp2023-12-31
26.6 K
Renaissance Technologies Corp2023-12-31
26.1 K
Gamco Investors, Inc. Et Al2023-12-31
2.9 M
Gabelli Funds Llc2023-12-31
1.9 M
Note, although Paramount Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Paramount Global's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Global's market, we take the total number of its shares issued and multiply it by Paramount Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

14.62 Billion

Paramount Global's profitablity analysis

Paramount Global's profitability indicators refer to fundamental financial ratios that showcase Paramount Global's ability to generate income relative to its revenue or operating costs. If, let's say, Paramount Global is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Paramount Global's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Paramount Global's profitability requires more research than a typical breakdown of Paramount Global's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.02)
Return On Capital Employed(0.01)(0.01)
Return On Assets(0.01)(0.01)
Return On Equity(0.03)(0.03)
Determining Paramount Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Paramount Global is a good buy. For example, gross profit margin measures Paramount Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paramount Global's profitability and make more informed investment decisions.
The data published in Paramount Global's official financial statements usually reflect Paramount Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paramount Global Class. For example, before you start analyzing numbers published by Paramount accountants, it's critical to develop an understanding of what Paramount Global's liquidity, profitability, and earnings quality are in the context of the Entertainment space in which it operates.
Please note, the presentation of Paramount Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paramount Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paramount Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paramount Global Class. Please utilize our Beneish M Score to check the likelihood of Paramount Global's management manipulating its earnings.

Evaluate Paramount Global's management efficiency

Paramount Global Class has return on total asset (ROA) of 0.0264 % which means that it generated a profit of $0.0264 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.029) %, meaning that it generated substantial loss on money invested by shareholders. Paramount Global's management efficiency ratios could be used to measure how well Paramount Global manages its routine affairs as well as how well it operates its assets and liabilities. As of May 10, 2024, Return On Tangible Assets is expected to decline to -0.02. The current year's Return On Capital Employed is expected to grow to -0.0098. At present, Paramount Global's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 6.8 B, whereas Total Assets are forecasted to decline to about 41.1 B.
Last ReportedProjected for Next Year
Book Value Per Share 34.55  34.40 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 6.05  7.72 
Enterprise Value Over EBITDA3.8 KK
Price Book Value Ratio 0.42  0.40 
Enterprise Value Multiple3.8 KK
Price Fair Value 0.42  0.40 
Enterprise Value28.5 B19 B
The analysis of Paramount Global's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Paramount Global's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Paramount Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0085
Forward Dividend Yield
0.0085
Forward Dividend Rate
0.2
Beta
1.761

Basic technical analysis of Paramount Stock

As of the 10th of May, Paramount Global holds the Risk Adjusted Performance of 0.0334, semi deviation of 3.78, and Coefficient Of Variation of 2504.61. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paramount Global, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Paramount Global Class, which can be compared to its competitors. Please check Paramount Global Class treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Paramount Global Class is priced some-what accurately, providing market reflects its current price of 22.92 per share. Given that Paramount Global has jensen alpha of 0.0113, we recommend you to check out Paramount Global Class's recent market performance to make sure the company can sustain itself at a future point.

Paramount Global's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paramount Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paramount Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paramount Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Paramount Global's Outstanding Corporate Bonds

Paramount Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Paramount Global Class uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Paramount bonds can be classified according to their maturity, which is the date when Paramount Global Class has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Understand Paramount Global's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Paramount Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Paramount Global's intraday indicators

Paramount Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paramount Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Paramount Global Corporate Filings

8K
3rd of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
22nd of April 2024
Other Reports
ViewVerify
11th of April 2024
Other Reports
ViewVerify
13A
10th of April 2024
An amended filing to the original Schedule 13G
ViewVerify
Paramount Global time-series forecasting models is one of many Paramount Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paramount Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Paramount Stock media impact

Far too much social signal, news, headlines, and media speculation about Paramount Global that are available to investors today. That information is available publicly through Paramount media outlets and privately through word of mouth or via Paramount internal channels. However, regardless of the origin, that massive amount of Paramount data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Paramount Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Paramount Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Paramount Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Paramount Global alpha.

Paramount Global Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Paramount Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Paramount Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Paramount Global Corporate Management

Elected by the shareholders, the Paramount Global's board of directors comprises two types of representatives: Paramount Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paramount. The board's role is to monitor Paramount Global's management team and ensure that shareholders' interests are well served. Paramount Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paramount Global's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Paramount Stock?

To provide specific investment advice or recommendations on Paramount Global Class stock, we recommend investors consider the following general factors when evaluating Paramount Global Class. This will help you to make an informed decision on whether to include Paramount Global in one of your diversified portfolios:
  • Examine Paramount Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Paramount Global's leadership team and their track record. Good management can help Paramount Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Paramount Global's business and its evolving consumer preferences.
  • Compare Paramount Global's performance and market position to its competitors. Analyze how Paramount Global is positioned in terms of product offerings, innovation, and market share.
  • Check if Paramount Global pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Paramount Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paramount Global Class stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paramount Global Class is a good investment.

Already Invested in Paramount Global Class?

The danger of trading Paramount Global Class is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paramount Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paramount Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paramount Global Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Paramount Global Class information on this page should be used as a complementary analysis to other Paramount Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Paramount Stock analysis

When running Paramount Global's price analysis, check to measure Paramount Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
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Is Paramount Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
79.876
Dividend Share
0.2
Earnings Share
(1.13)
Revenue Per Share
46.07
Quarterly Revenue Growth
0.058
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Paramount Global's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.